Payment of loans

The first disbursement of loans will not be paid until students are registered at UWE Bristol In case of any unforeseen events, please ensure you have personal funds in place to cover your living costs before you receive your first disbursement.

Students must make Satisfactory Academic Progress (SAP) in order to receive the next disbursement.

There will be two equal instalments for undergraduate students on the following dates:

  • Disbursement 1: 10 October
  • Disbursement 2: 23 January

There will be three equal instalments for postgraduate students on the following dates:

  • Disbursement 1: 10 October
  • Disbursement 2: 23 January
  • Disbursement 3: 8 May

The actual amount of each disbursement in GBP(£) will be dependent upon the exchange rate used to convert USD($) to GBP(£) on that date. Your loans will also be subject to an origination fee.

The University will deduct your tuition fees for the academic year in equal instalments from each disbursement. If you are in University accommodation, the University will deduct your accommodation fees from each disbursement.

Tuition and accommodation deductions will be made in Pounds Sterling and the remaining loan amount will be credited to your bank account in US Dollars on each of the above disbursement dates. The University cannot know in advance or guarantee the exchange rate used at the point of each disbursement.

In case the issuing of federal loan funds from the US is delayed for any reason please ensure you have sufficient funds to tide you over for a couple of weeks at the beginning of each term.

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